FLS.CO - FLSmidth & Co. A/S
Chart Events
Performance Outlook
- Short Term2W - 6W
- Mid Term6W - 9M
- Long Term9M+
| Previous Close | 296.00 |
| Open | 297.00 |
| Bid | 299.40 x 0 |
| Ask | 299.80 x 0 |
| Day's Range | 295.00 - 301.20 |
| 52 Week Range | 160.75 - 315.10 |
| Volume | |
| Avg. Volume | 190,171 |
| Market Cap | 17.01B |
| Beta (5Y Monthly) | N/A |
| PE Ratio (TTM) | 47.74 |
| EPS (TTM) | 6.28 |
| Earnings Date | Aug 15, 2023 |
| Forward Dividend & Yield | 3.00 (1.04%) |
| Ex-Dividend Date | Mar 30, 2023 |
| 1y Target Est | 314.55 |
Fair Value
Related Research
GlobeNewswireFLSmidth & Co. Group Interim Report for Q1 2023: Good start to the year with an adjusted Mining EBITA margin of 9.6% and positive impact from our key transformation efforts
COMPANY ANNOUNCEMENT NO. 11-2023 11 May 2023, Copenhagen, Denmark Highlights in Q1 2023 Strong Mining Service revenue growth of 48%Adjusted Mining EBITA margin of 9.6%* Cost synergy takeout from Mining Technologies integration slightly ahead of plan Sustained profitability for Cement with EBITA margin of 4.3%Non-Core Activities order backlog decreased to DKK 2.1bn (end Q4 2022: DKK 2.9bn)Negative cash flow in line with expectationsFinancial guidance for 2023 maintained *Adjusted for integration
- GlobeNewswire
FLSmidth to deliver grinding mills to a Chilean copper mine
PRESS RELEASE 9 May 2023, Copenhagen, Denmark FLSmidth has received an order to supply several grinding mills to a copper mine in northern Chile. This order will expand the grinding capacity at the mine, where the existing production lines already are successfully built with FLSmidth mineral processing technology. The order is valued at approximately DKK 270 million and was booked in Q2 2023. The equipment is due to be delivered during 2024. The order includes the delivery of a SAG mill and two
- GlobeNewswire
FLSmidth to deliver mineral processing equipment to a gold mine in the Middle East
PRESS RELEASE 7 April 2023, Copenhagen, Denmark FLSmidth has been chosen to supply a range of mineral processing equipment for a gold mine in the Middle East. The equipment delivered by FLSmidth is some of the most efficient in the world. When installed, the technology will allow the mine to produce gold with reduced impact on the environment. “This order is fully in line with our MissionZero ambition to reduce the environmental impact from operating a mine site. We are happy to see the technolo
- GlobeNewswire
FLSmidth: Long-Term Incentive Programme 2023
COMPANY ANNOUNCEMENT NO. 10-202330 March 2023, Copenhagen, Denmark The Board of Directors of FLSmidth & Co. A/S has today allocated performance shares to members of the Executive Management and key staff (153 persons in total) as part of the Group's Long-Term Incentive Programme (LTIP). The primary purpose of the programme is to retain key staff and to align the interests of shareholders and the incentive programme participants by rewarding performance in accordance with the company’s strategy a
- GlobeNewswire
Summary of FLSmidth & Co. A/S' Annual General Meeting
COMPANY ANNOUNCEMENT NO. 9-2023 29 March 2023, Copenhagen, Denmark On Wednesday 29 March 2023 4 PM (CEST), FLSmidth & Co A/S held its Annual General Meeting at the offices of the company, Vigerslev Allé 77, DK-2500 Valby with the following agenda: The Board of Directors' report on the company’s activities in 2022Presentation and approval of the 2022 Annual ReportApproval of the Board of Directors’ fees: a. Final approval of fees for 2022. b. Preliminary determination of fees for 2023 Distributio
- GlobeNewswire
Trading in FLSmidth shares by board members, executives and associated persons
COMPANY ANNOUNCEMENT NO. 8-2023 3 March 2023, Copenhagen, Denmark The enclosed notifications are pursuant to Article 19 of EU Regulation no. 596/2014 transactions related to shares in FLSmidth made by persons discharging managerial responsibilities in FLSmidth and/or persons closely associated with them. The transactions reflect restricted shares allocated to Group CEO, Mikko Keto and Group CFO, Roland M. Andersen (refer Company Announcement No. 7-2023). See the transactions in the attached PDF
- GlobeNewswire
Extraordinary Restricted Stock Unit offer to retain key employees
COMPANY ANNOUNCEMENT NO. 7-2023 3 March 2023, Copenhagen, Denmark The Board of Directors of FLSmidth & Co. A/S has today allocated restricted shares (RSUs) to members of the Executive Management and key staff (54 persons in total) to retain strategic resources to execute on the transformation of FLSmidth and deliver on its pure play strategies. The maximum number of restricted shares allocated is 108,139, of which 49,468 pertain to members of the Executive Management. The vesting period is three
- GlobeNewswire
NOTICE TO CONVENE the Annual General Meeting of FLSmidth & Co. A/S
COMPANY ANNOUNCEMENT NO. 6-2023 3 March 2023, Copenhagen, Denmark The Board of Directors hereby convenes the Annual General Meeting to be held on Wednesday 29 March 2023 at 4 pm (CEST) at the offices of the company, Vigerslev Allé 77, DK-2500 Valby. Agenda: The Board of Directors' report on the company’s activities in 2022Presentation and approval of the 2022 Annual ReportApproval of the Board of Directors’ fees: a. Final approval of fees for 2022. The Board of Directors proposes unchanged appro
- GlobeNewswire
Improved financial performance in 2022 with Mining revenue growth of 29% and an adjusted Mining EBITA margin of 10.6%
COMPANY ANNOUNCEMENT NO. 5-2023 22 February 2023, Copenhagen, Denmark Highlights in FY 2022 Mining service order intake growth of 37% and service revenue growth of 32%Adjusted Mining EBITA margin of 10.6%1Cement service order intake growth of 9% and service revenue growth of 12%Cement continued its positive trend on improving profitability with a 3.3% EBITA marginPositive cash flow from operationsAcquisition of Mining Technologies (ex-TK)2 completedNew Non-Core Activities segment established as
- GlobeNewswire
Major shareholder announcement – Altor Fund Manager AB
COMPANY ANNOUNCEMENT NO. 4-2023 19 January 2023, Copenhagen, Denmark Pursuant to Section 30 of the Danish Capital Markets Act, FLSmidth A/S hereby announces that on 19 January 2023, pursuant to Section 38(1) of the Danish Capital Markets Act, it received a notification from Altor Fund Manager AB stating that on 19 January 2023 Altor Fund Manager AB increased its holding of shares to above 10% of the share capital and voting rights in FLSmidth A/S. Contacts: Investor RelationsJannick Lindegaard D
- GlobeNewswire
FLSmidth introduces new pure play strategies for Mining and Cement and introduces new long-term financial targets at its Capital Markets Day 2023
COMPANY ANNOUNCEMENT NO. 2-2023 18 January 2023, Copenhagen, Denmark Today FLSmidth is hosting a Capital Markets Day, where the company is introducing its new pure play strategies for Mining and Cement as well as its new long-term financial targets for the FY2026. Our business and our business environment have changed in recent years. While our business performance has gradually improved, we have potential for more. As a result, we kickstarted a transformation journey in 2022 with a sharpened st
- GlobeNewswire
FY2022 preliminary and unaudited results in line with guidance and FY2023 financial guidance introduced
COMPANY ANNOUNCEMENT NO. 1-2023 18 January 2023, Copenhagen, Denmark Today we are pleased to announce that our full year 2022 preliminary and unaudited results are in line with guidance. In addition, financial guidance for 2023 is introduced. Preliminary and unaudited key figures for Q4 and FY2022 MiningCementNon-Core ActivitiesConsolidated Group Q4 2022FY 2022Q4 2022FY 2022Q4 2022FY 2022Q4 2022FY 2022Revenue, DKKbn 4.415.1(14.5-15.0) 1.66.3 (6.0-6.5) 0.50.5 (~0.5)6.521.8 (21.0-22.0) Adj. EBITA
- GlobeNewswire
FLSmidth to deliver pyro-processing technology to Finnish lithium project
Press release 16 January 2023, Copenhagen, Denmark FLSmidth and Sibanye-Stillwater’s Finnish subsidiary Keliber have signed a contract to supply pyro-processing equipment that will support the lithium hydroxide refinery, located in Kokkola, Finland. FLSmidth and Sibanye-Stillwater’s subsidiary company Keliber have entered into an agreement for the supply of pyro-processing technology to the Keliber project’s lithium hydroxide refinery in Kokkola. The agreement is of great strategic importance to
- GlobeNewswire
FLSmidth to deliver the world’s largest gyratory crusher and station to a South American copper mine
Press release 3 January 2023, Copenhagen, Denmark FLSmidth has been chosen to supply the world’s highest capacity in-pit crushing system to a leading copper miner in South America to boost its efficiency. The order is valued at approximately DKK 320 million, where around DKK 80m was booked in Q3 2022 and the rest in Q4 2022. The equipment is due to be delivered during 2023. Under the agreement, FLSmidth will supply its Top Service Gyratory Crusher (TSUV), including a semi-mobile station and heav
- GlobeNewswire
Financial calendar 2023
COMPANY ANNOUNCEMENT NO. 19-2022 8 November 2022, Copenhagen, Denmark 22 February 2023: Annual Report 202229 March 2023: Annual General Meeting11 May 2023: Q1 2023 Interim Report15 August 2023: H1 2023 Interim Report9 November 2023: 9M 2023 Interim Report Contacts: Investor RelationsJannick Lindegaard Denholt, +45 21 69 66 57, jli@flsmidth.comTherese Möllevinge, +45 41 37 16 38, tmo@flsmidth.comMikkel Johansen, +45 23 30 29 50, mjoh@flsmidth.com Media RelationsRasmus Windfeld, +45 40 44 60 60, r
- GlobeNewswire
FLSmidth:
COMPANY ANNOUNCEMENT NO. 18-2022 8 November 2022, Copenhagen, Denmark FLSmidth & Co. Group Interim Report for Q3 2022 Growth momentum sustained with 53% Mining service order intake growth and an underlying Mining EBITA margin of 10.1% Highlights in Q3 2022 Strong Mining order intake growth of 30%, with Service up by 53%Adjusted Mining EBITA margin of 10.1%* (excluding the dilutive impact from TK Mining, FLSmidth standalone adjusted EBITA margin was 12.1%) Cement continued its positive trend on i
- GlobeNewswire
Growth momentum sustained with 53% Mining service order intake growth and an underlying Mining EBITA margin of 10.1%
COMPANY ANNOUNCEMENT NO. 18-20228 November 2022, Copenhagen, DenmarkFLSmidth & Co. Group Interim Report for Q3 2022 Growth momentum sustained with 53% Mining service order intake growth and an underlying Mining EBITA margin of 10.1%Highlights in Q3 2022Strong Mining order intake growth of 30%, with Service up by 53%Adjusted Mining EBITA margin of 10.1%* (excluding the dilutive impact from TK Mining, FLSmidth standalone adjusted EBITA margin was 12.1%)Cement continued its positive trend on improv
- GlobeNewswire
FLSmidth announces strategic change to enhance long-term profitability and accelerate growth in the core Mining business. Synergy target is raised and accelerated, and financial guidance for 2022 is updated
COMPANY ANNOUNCEMENT NO. 17-2022 Today FLSmidth announces a strategic change to enhance long-term profitability and to accelerate growth in the core Mining business. This change includes the decision to divest or wind down risky and unprofitable mining activities. This is the result of a planned strategic review of the combined FLSmidth Mining and former TK Mining technology product portfolio against FLSmidth’s long-term strategic direction and ambitions. With this change, FLSmidth is creating a
- GlobeNewswire
FLSmidth and NIB sign EUR 150 million sustainability-linked loan to support the green transition in the mining and cement industries
PRESS RELEASE FLSmidth has signed its first sustainability linked funding agreement to support the development of technologies and solutions with a sustainability profile. The loan is provided by the Nordic Investment Bank and runs for 7 years. The loan is linked to three core sustainability KPI’s of FLSmidth; namely ratio of suppliers having Science-Based Targets, FLSmidth’s own CO2 emissions (Scope 1 & 2) and finally emission impact from sold products (Scope 3). These three KPI’s will ensure a
- GlobeNewswire
Invitation to FLSmidth Capital Markets Day 2023
PRESS RELEASE We are pleased to invite institutional investors, analysts and financial media to attend our Capital Markets Day on 18 January 2023. At the event, our executive management team will introduce FLSmidth’s new strategy and long-term outlook. This includes deep dives on our Mining business, the TK Mining integration, our Cement business, our sustainability efforts and much more. At the end of the day, there will be ample opportunity for informal networking with management. A detailed p
- GlobeNewswire
The order to supply all mineral processing technologies for ShalkiyaZinc’s greenfield zinc-lead concentrator in Kazakhstan becomes effective
COMPANY ANNOUNCEMENT NO. 16-2022 The previously announced signed contract to supply all mineral processing technology to ShalkiyaZinc, the operator of a zinc and lead mine in the Kyzylorda Region, located in the south of Kazakhstan (refer to Company Announcement No. 12-2022), is now effective. The contract is valued at around DKK 950 million and will be part of the Q4 2022 order intake. The equipment delivery is to be completed during 2024, with commissioning to start before the end of that year
- GlobeNewswire
FLSmidth to supply overland conveyor system for a major copper-gold mine in Southeast Asia
Press release FLSmidth has been chosen to supply an overland conveyor (OLC) for a large, established copper-gold mine in Southeast Asia, which follows a large equipment order from the same customer and site earlier in 2022. The pit-to-plant conveying system, which is over 5km in length, has gearless drive technology. The order, including design and supply, was booked in Q3 2022 and is valued at approximately DKK 330 million. The conveyor order follows the Q1 2022 announcement that FLSmidth had b
- GlobeNewswire
FLSmidth completes the acquisition of TK Mining and releases preliminary financial figures for TK Mining
COMPANY ANNOUNCEMENT NO. 15-2022 1 September 2022, Copenhagen, Denmark Today FLSmidth releases high-level, preliminary and unaudited financial figures for thyssenkrupp’s Mining business (TK Mining) and provides an update on TK Mining’s Russian activities. As previously announced (refer Company Announcement No. 13-2022), final closing of the acquisition took place on 31 August 2022. (EURm)9M 2021/22 9M 2020/21Change 9M 2021/22 vs. 9M 2020/21FY 2020/21The fiscal year of TK Mining runs from 1 Octob
- GlobeNewswire
FLSmidth & Co. will host a conference call to provide a Day 1 update on the thyssenkrupp Mining (TK Mining) acquisition on 1 September 2022
PRESS RELEASE As previously communicated, final closing date for the TK Mining acquisition is on 31 August 2022 (refer Company Announcement No. 13-2022). Presentation The conference call will take place on 1 September 2022 at 8:00 CET with an expected duration of maximum 30 minutes. Mr. Mikko Keto (Group CEO) and Mr. Roland M. Andersen (Group CFO) will provide a Day 1 update on the TK Mining acquisition including the preliminary performance of the acquired business. The presentation will be foll
- Reuters
UPDATE 2-European shares end week lower on recession fears
European shares fell on Friday and posted a weekly loss as the highest-ever jump in German producer prices in July added to gloom over the economic outlook for the region's biggest economy and rekindled fears of a recession. The pan-European STOXX 600 ended 0.8% lower, with travel stocks leading the declines. Rising energy prices due to the Ukraine war pushed German producer costs in July to their highest ever increases both year-on-year and month-on-month.